Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Canara Bank for its Kavisuryanagar branch in Ganjam, Kavisuryanagar, Odisha, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Canara Bank located in Ganjam or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code CNRB0018037. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Canara Bank, Kavisuryanagar, Ganjam

The table below shows the main details of the IFSC Code CNRB0018037 for the Canara Bank branch in Ganjam, which falls under the Kavisuryanagar district in Odisha.

Particulars Details
Bank Canara Bank
IFSC Code CNRB0018037
Branch Kavisuryanagar
City Ganjam
District Kavisuryanagar
State Odisha
Address Main Road Kavisuryanagar Ganjam Orissa 761 104

These details helps users in online banking and for businesses and individuals who use Canara Bank in Ganjam for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CNRB0018037 for the Kavisuryanagar branch of Canara Bank plays a vital role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like CNRB0018037 is given to every bank branch, including Canara Bank located in Kavisuryanagar, Ganjam, Odisha, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Canara Bank branch in Ganjam.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Ganjam and Kavisuryanagar.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Canara Bank in Kavisuryanagar doesn't end up at another location.

Format of the IFSC Code CNRB0018037

The format of the IFSC Code for banks, including Canara Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Canara Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Kavisuryanagar in Ganjam.

For example, the IFSC Code CNRB0018037 of Canara Bank for the Kavisuryanagar branch has these elements, identifying the bank and the branch location in Ganjam and Odisha correctly.

How to Find IFSC Code for Canara Bank?

To find the IFSC Code CNRB0018037 of Canara Bank for its Kavisuryanagar branch located in Ganjam, the following methods can help you out:

Cheque Book

The cheque book issued by Canara Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Canara Bank branches in Ganjam and Kavisuryanagar, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Canara Bank and go to the branch locator section. Then search for Kavisuryanagar or Ganjam to find the exact IFSC Code CNRB0018037.

Mobile Banking App

If you use Canara Bank's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Canara Bank and Ganjam will provide accurate information.

How to Use IFSC Code CNRB0018037 for Online Transfers?

Once you have the IFSC Code CNRB0018037 for the Kavisuryanagar branch of Canara Bank in Ganjam, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CNRB0018037. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Canara Bank IFSC Code CNRB0018037.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Canara Bank Kavisuryanagar in Ganjam, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Canara Bank in Kavisuryanagar, here are some ways to obtain it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Canara Bank website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Ganjam to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Canara Bank in Kavisuryanagar, Ganjam?

The IFSC Code is CNRB0018037.

Is the IFSC Code CNRB0018037 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Canara Bank Kavisuryanagar?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Kavisuryanagar branch?

The address of the branch is Main Road Kavisuryanagar Ganjam Orissa 761 104 located in Ganjam, Kavisuryanagar, Odisha.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.